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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (95534)	10/23/2020 8:08:47 AM
From: Goose94	Read Replies (1) of 202413

Air Canada (AC-T) Speculation about a potential bailout package for Canada's airlines is ramping up this morning after The Globe and Mail reported the federal cabinet is mulling targeted aid for the industry -- with low interest loans, airport-fee relief, and direct equity investments (although not for the largest airlines) on the table. That's all according to unidentified sources, and it comes less than 24 hours after Industry Minister Navdeep Bains told our David George-Cosh during a media availability that "all options" are being considered. We'll evaluate how soon the aid is needed to avoid more cuts and whether there are any poison pills for the industry if the government attaches conditions to its offer. BNN.ca

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